How much of WWE does Vince McMahon own?

In a shocking turn of events, Vince McMahon has stepped back from his duties as the CEO and Chairman of WWE.

The news comes after The Wall Street Journal's report that WWE's Board of Directors has launched an investigation regarding a secret settlement that McMahon reached with a former employee that he allegedly had an affair with.

This massive announcement has shaken the entire wrestling world to its core. After being at the helm of WWE for four decades and turning it into a global empire, McMahon's decision to step back kicks off a new era for the company, at least in the interim.

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Since Mr. McMahon remained the most predominant figure in his promotion for about 40 years, fans have wondered how much of WWE he owns.

How much of WWE does Vince McMahon own?

Vince McMahon holds about 37.6 percent of WWE's total shares. He owns approximately 28.7 million shares of the company's total stock. As per multiple sources, he has approximately 83 percent voting power when it comes to WWE's internal matters.

His shares fall in the "Class B" category, granting him higher voting power within the company. The newly announced Interim CEO of WWE, Stephanie McMahon, owns around 2.47 percent of WWE.

Vince McMahon will appear on WWE SmackDown tonight

With Stephanie McMahon now at the helm of the promotion, it's a new day in WWE.

In the aftermath of his temporary departure from WWE's leadership group, Mr. McMahon will make an appearance on this week's episode of WWE Smackdown. It will be interesting to see what he has to say in his address to the WWE Universe. There are several concerns about the company's future, and there won't be a better person to answer those questions than Vinnie Mac himself.

Moreover, the former WWE Chairman has retained his power to influence RAW and SmackDown's creative process. Without the burden of his other responsibilities, will Mr. McMahon change his approach toward booking upcoming storylines? Time will tell.

About the author

Sudhanshu Dixit writes for Sportskeeda Wrestling’s AEW section and is pursuing an undergraduate degree in journalism. He worked as a contributor with Sportskeeda for two years before taking a 15-month hiatus and re-joining the company as an intern.

An experienced writer, his mantra is “research, recheck, and revise” to ensure his articles are accurate, relevant, and factual.

He got hooked on pro wrestling in 2016 with Royal Rumble being one of the first shows he watched. Roman Reigns is his favorite superstar, and one of the qualities that Sudhanshu admires in Reigns is his transformation from a slightly one-dimensional babyface to a godly heel. If he could go back to the Attitude Era, he would like to manage Shawn Michaels and would sing his theme song to him in an effort to get the Heartbreak Kid to hire him.

Besides pro wrestling, Sudhanshu is also interested in cricket, which he watches in his free time while balancing his academic responsibilities.

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Edited by Colin Tessier